Description

Vermont February 1781 2s6d Extremely Fine. The nicest of the
three Vermont notes that CAA has offered. This piece is solid,
beautifully printed and problem-free save for very minor
restorations. The horizontal center fold had been split at both
ends and is now sealed, and the two upper corner tips have been
restored. The restorations are done with consummate skill, making
them invisible under all but the closest of expert scrutiny. The
note has some margin all around, although it's small in most
places. The back design is very well centered on three sides and
slightly touching at the top. All Vermont notes are very rare, and
most known examples are in extremely low grade. The majority of the
known pieces have been pieced together from several different
notes, often of different denominations. Vermonts are unpriced in
Newman above the Very Good grade. They are printed on thin, weak
paper that quickly disintegrated in circulation. Their scarcity is
due to the fact that only a single issue was emitted, and that
issue, authorized in February of 1781, had its legal-tender status
revoked after a little more than a year in circulation. The
scarcity was increased by the fact that these notes retained their
validity for tax payments, but the Treasury was denied the right to
re-issue the bills, and they were burnt when received as taxes. The
note is sharply printed, and it has tremendous eye appeal. A
spectacular piece, fit for the very finest collection.

Auction Info

Auction Dates

September, 2003

26th-27thFriday-Saturday

Bids + Registered Phone Bidders: 3

Lot Tracking Activity: N/A

Page Views: 484

Buyer's Premium per Lot:
15% of the successful bid (minimum $6) per lot.